Dr. Panagiotis Koutroumpis
"I am interested in new collaborations in research projects that are related to Corporate Finance, Credit Ratings and Political Economy or any other innovative idea"
Welcome to my personal webpage.
I am currently an Assistant Professor (adjunct staff) in the School of Economics and Finance at Queen Mary University of London. Previously I was a Visiting Assistant Professor at City University London as well as a Researcher and a Visiting Fellow at the London School of Economics and Political Science (LSE).
I hold a BSc in Business Administration from Athens University of Economics and Business, a MSc in Finance and Accounting and a PhD in Financial Economics from Brunel University London. As of January 2020 I will pursue a MSc in Analytics at Georgia Institute of Technology in the Unites States of America. I have been awarded the Postgraduate Teaching Award for the academic year 2015-2016 from Queen Mary University of London and the Dean’s Prize for Innovation and Impact in Doctoral Research (2016) from Brunel University London. For the academic year 2018-2019 I was nominated "Teacher of the Year" at Queen Mary University London.
My main research interests span across four disciplinary areas, including Credit Ratings, Development Economics, Econometrics, Economic History and Political Economy.
I have expertise in applied econometrics and empirical finance and I am currently working on a number of projects on credit ratings, IPOs, corporate finance and climate change.
I am also interested in gold coins. If you would like to discuss this further please send me an email.
I presented my paper "The Legacy of a Fractured Eurozone: the Greek Dra(ch)ma" at the 17th Conference on Research on Economic Theory and Econometrics at Tinos
I presented my paper "On the Time-Varying Link Between Growth, Financial Development and Political Instability; a Smooth Transition Approach for Brazil, 1890-2003” at the 17th Annual EEFS Conference at City University London
My paper entitled "The Importance of Rollover in Commodity Returns using PARCH models; with Karanasos, M., Margaronis, Z. & Nath, R.B., has been published as a book chapter
To buy the book please click here
My paper entitled "Do Multiple Credit Ratings Facilitate the Going Public Process? Evidence from U.S.A; with Goergen, M., & Gounopoulos D., has been accepted for presentation at the 2018 17th HFAA conference that takes place in Piraeus as well as the 5th AMEF 2019 conference that takes place in Thessaloniki.
Our paper featured on Columbia University Law School Blog on "Multiple Credit Ratings and IPOs". For more click details below.
Our book "Social Exclusion and Labour Market Challenges in the Western Balkans" with Will Bartlett and Vasilis Monastiriotis has been published. You can buy it here!!!
MY LATEST RESEARCH
Do Multiple Credit Ratings Reduce the Money Left on the Table? Evidence from the U.S. IPOs
We examine initial public offerings (IPOs) with single, multiple, and no credit ratings. We document a beneficial effect of credit ratings provided by the three main credit rating agencies on IPO underpricing, which is amplified by the existence of multiple credit ratings.
Seven Years of Austerity and the Greek Dra(ch)ma: Three Economists’ Views and a Comment
In this paper, we summarize the opinion of three renowned economists, namely Paul De Grauwe, Paul Krugman and Joseph Stiglitz, on the Eurozone crisis as well as on the Greek case. All three expressed in one way or another their reservations about the single currency. For more details click Read More below and Chapter 6 of the book.
Apocalypse Now, Apocalypse When?
Economic Growth and Structural Breaks in Argentina (1886-2003)
Argentina is the only country in the world that was developed in 1900 and developing in 2000. Although there is widespread consensus on the occurrence and uniqueness of this decline, an intense debate remains on its timing and underlying causes.
The Legacy of a Fractured Eurozone: The Greek Dra(ch)ma
This paper addresses neoliberal origins of the acute geoeconomic and social crisis that was inflicted on Greece
since 2010 with the unleashing of the 3 consecutive bailout plans and the implementation of fierce austerity policies. For the first time in the literature, we provide evidence that the vast bulk of the loans went overwhelmingly not to benefiting a “profligate” Greek state but to avoiding the write-downs of bad loans made by reckless creditors (mainly, German and French banks) to the Greek government and private banks.